San Francisco 25 April 2019 The Report Nanofibers Market Analysis By Product (Polymer, Carbon, Cellulose, Composite,
Metallic), By End-Use (Electronics, Mechanical, Chemical & Environment
(MCE), Energy, Medical, Life Science, & Pharmaceutical (MLP)) And Segment
Forecasts To 2024
The global nanofibers market is expected to reach USD 2.89 billion by 2024, according
to a new report by Grand View Research, Inc. Technological advancements in the
field of nanomaterials, coupled with increasing demand for materials such as
carbon, glass, ceramic, and polymeric in various end-use segments, are expected
to drive growth over the forecast period. Surging demand for
nanotechnology-enabled smart textiles, filtration, tissue engineering &
regeneration, wound healing, drug delivery, and biosensors is expected to steer
nanofibers market penetration in the medical sector over the next few
years.
However, stringent guidelines and standards
for manufacturing, handling, and sales of nanomaterials by international
agencies such as ISO, NIST, and Nanomaterials Registry may hamper market
growth. The nanofibers industry growth may further be restrained by regulations
pertaining to the toxicity of metal and carbon-based nanoparticles.
Nanoscale polymer fibers dominated the
global demand accounting for 49.2% of total market volume in 2015. Large-scale
application of these materials in high-efficiency air filters coupled with
increasing usage in medical devices and drug delivery systems especially in the
mature economies can be attributed to high penetration.
Access Research Report of Nanofibers Market@ http://www.grandviewresearch.com/industry-analysis/nanofibers-market
Further key findings from the report suggest:
· The global nanofibers market demand was
1,008 tons in 2015 and is expected to reach 8,886 tons by 2024, growing at a
CAGR of 27.7% from 2016 to 2024
· The global composite nanoscale materials
accounted for 12.5% of the total nanofibers market in 2015 and are anticipated
to reach a net worth of USD 373.6 million by 2024. Increasing R&D
investments to develop innovative production technologies and adhere to the
stringent regulatory framework to steer segment growth.
· Cellulose nanofibers are estimated to
witness the fastest growth over the next eight years. The segment demand in the
U.S. is estimated to grow at a CAGR of 29.6% from 2016 to 2024.
· Electronics segment is anticipated to
emerge as fastest growing end-use segment and is estimated to reach a net worth
of USD 293.1 million by 2024
· Asia Pacific is expected to emerge as the
fastest growing regional market on account of significant product demand in
China, Japan, India, and other South-East Asian countries. China nanofibers
demand in the energy sector is anticipated to reach 154.4 tons by 2024 at a
CAGR of 28% from 2016 to 2024.
· Key industry participants in the market
include Donaldson, Elmarco, DuPont, Revolution Fibres, FibeRio, Ahlstrom,
Toray, Asahi Kasei, Johns Manville, Jiangxi Xian Cai Nanofibers Technology,
Johns Pyrograf Products, eSpin, and MemPro
Browse more reports of this category by Grand View
Research at: https://www.grandviewresearch.com/industry/nanoparticles
Grand View Research has
segmented the nanofibers market on the basis of product, end-use, and region:
Global Nanofibers Product Outlook (Volume,
Tons; Revenue, USD Million, 2014 - 2024)
·
Polymer
·
Carbon
·
Cellulose
·
Composite
·
Metallic
·
Others
Global Nanofibers End-Use Outlook
(Volume, Tons; Revenue, USD Million, 2014 - 2024)
·
Electronics
·
Mechanical, chemical, and environmental
(MCE)
·
Energy
·
Medical, life science, and pharmaceutical
(MLP)
·
Others
Global Nanofibers Regional Outlook (Volume,
Tons; Revenue, USD Million, 2014 - 2024)
·
North America
·
Europe
·
Asia Pacific
·
Middle East & Africa
·
Central & South America
Access Press Release of
Nanofibers Market@ https://www.grandviewresearch.com/press-release/global-nanofibers-market
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
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